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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (613320)5/27/2011 11:48:16 AM
From: i-node2 Recommendations  Read Replies (2) | Respond to of 1576892
 
>> Well, duh Tenchu. I guess you missed the fact that we are just starting to see signs of recovery from the worst recession since the Great Depression.

And you blindly assume that spending taxpayer and printed money will, somehow, HELP that situation. In spite of the fact that there is no evidence that even remotely suggests it.

Obama utterly WASTED a trillion dollars on so-called "stimulus". And it has done NOTHING.

As to the "recovery", of course there is a recovery underway. Why would there NOT be? Economic cycles happen.

Obama's drunken spending spree, as FDR's, has only exacerbated the problem and caused it to drag out for a longer period than we otherwise would have seen.

This is not to say that a properly targeted, limited stimulus measure can't help. But when you just flit away a trillion dollars, adding it to our children's debt, without the slightest thought given to the stimulative effect, you don't help our economy, you hurt it.

A great example I'm familiar with: Tens of billions of dollars in rebates to physicians for installing EMR systems. This has been (continues to be) a total fiasco. Just pouring taxpayer dollars -- some $20-40 Billion of them -- down the tube. No return on investment, no stimulative effect, nothing. Wasted money.

That's not helpful. And instead of helping, it actually hurts. Because now we have another trillion in debt with absolutely nothing to show for it.



To: combjelly who wrote (613320)5/27/2011 1:01:34 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1576892
 
CJ, > Like I am opposed to taking medications. Unless I have a medical condition that requires it.

So you were against taking Tylenol for a headache, but now that we have a severe migraine, you're all for taking morphine?

Come on, CJ, deficit-spending is very habit-forming. Can't be for one kind and against another while claiming to be an advocate of fiscal responsibility.

Tenchusatsu



To: combjelly who wrote (613320)5/27/2011 1:49:30 PM
From: i-node2 Recommendations  Read Replies (2) | Respond to of 1576892
 
>> And the deficit isn't 3 times as much as Bush. The budget that Obama inherited already was running over $1 trillion in deficits once you put the wars back on the budget.

Not after you adjust for the bogus TARP accounting, which added $700B TARP money to the Bush era deficit and REDUCED Obama's by a similar amount.